The current development paradigm is still dominated by the neoclassical economic perspective which sees economic development as a mechanical and simplistic process, without the need to look at aspects of respect, protection, and fulfillment of human rights, although, human rights is the first state responsibility of government. As a result, human rights are not the focus of development policy-making. Human rights and development have a mutually reinforcing relationship that will direct the efforts towards a higher quality of development.On this basis, this study shines a spotlight and examines the management of regional development planning with a human rights basis. To get an idea of the reality, researchers use three areas as a sample, namely: Batang (Central Java), Trenggalek (East Java), and Tanjungpinang (Riau Islands). Existing practices are examined with a human rights-based approach, namely: the formulation process, main content, implementation mechanisms, and protection and restoration. Furthermore, a descriptive qualitative approach is selected to describe the process, understand the nonconformities as well as identify the planning process and the implementation of the development plan. For that, primary data collection is done through interview techniques, focused discussions, and field observation. While for secondary data collection through a literature study. The study shows that the fulfillment of the right to healthcare, education, and food has become priorities in regional development planning. A more transparent and accountable planning approach also opens opportunities to make human right-based development planning as the mainstream. The prerequisites driving factors lie in the dynamics of regional regulation and the commitment of the regional heads with the vision and mission outlined in the RPJMD, including a commitment to maintain a transparent, accountable and clean bureaucracy. In conclusion, the transparent planning approach in the RPJMD needs to be balanced by using human rights standards to improve the quality of human development in the region.

This paper examines empirically the linkage of financial development and economic growth in Indonesia by using time series analysis for the period of 2001Q4-2016Q2. To achieve the objective of this study, data was collected from secondary sources and employed various time series econometric procedures such as Dickey Fuller-Generalized Least Square (DF-GLS) test, Granger Causality test, Engle Granger-Augmented Dickey Fuller (EG-ADF) cointegration test, and Error-Correction Method (ECM). The cointegration test shows that there is a long run relationship cointegrated between selected financial development indicators and economic growth. Surprisingly, in the short run, total credit to the private non-financial sector has a negative effect on economic growth in Indonesia. Furthermore,Granger causality test based on error-correction model indicates that only money market rate, stock prices, and total credit to households have a causal relationship with economic growth.  AbstrakMakalah ini membahas secara empiris pertautan antara pembangunan keuangan dan pertumbuhan ekonomi di Indonesia dengan menggunakan analisis runtun waktu untuk periode 2001Q4-2016Q2. Untuk mencapai tujuan penelitian ini, data yang dikumpulkan berasal dari dari  beragam sumber data  sekunder dan melibatkan berbagai prosedur ekonometrika runtun waktu seperti Dickey Fuller-Generalized Least Square (DF-GLS), uji Kausalitas Granger, uji kointegrasi Engle Granger-Augmented Dickey Fuller (EG-ADF), dan error-Correction Method (ECM). Hasil uji kointegrasi menunjukkan bahwa terdapat hubungan jangka panjang antara indikator pembangunan keuangan yang terpilih dan pertumbuhan ekonomi. Yang mengejutkan, dalam jangka pendek, total kredit ke sektor swasta non-keuangan memiliki efek negatif pada pertumbuhan ekonomi di Indonesia. Selanjutnya, uji kausalitas Granger berdasarkan model koreksi kesalahan menunjukkan bahwa hanya suku bunga pasar uang, harga saham, dan jumlah kredit untuk rumah tangga yang memiliki hubungan kausalitas dengan pertumbuhan ekonomi.

This paper examines the impact of financialization on income inequality in ASEAN-5 countries for the period of 1990-2013 by employing panel data analysis. The data was collected from various secondary sources by undertaking fixed effect model and generalized method moment. The result shows that there is a significant relationship between all financialization indicators and income distribution. Generalized method moment analysis using Arellano-Bond estimator also shows that all financialization indicators have a significant relationship with income distribution. There is no different sign estimator both in fixed model effect and generalized method moment analysis. This paper revealed that financialization indicators such as stock market capitalization and return on assets contribute positively to worsen income inequlality. Incontrast, domestic private debt securities have a negative effect on gini coefficient in ASEAN-5 countries indicating that increasing domestic private debt securities will improve income distribution in the region.

The purpose of this paper is to support the argument that poverty is multidimensional and part of human rights concern. In doing so, this paper uses relevant literature review on poverty issues. This paper finds that the capability approach is a useful conceptual framework to link conventional approach with human rights and support the argument that poverty is multidimensional. Under this perspective, there are two prerequisites cases of non-fulfillment of human rights can be counted as poverty, namely (i) the human rights involved must be those that correspond to the capabilities that are considered basic by a given society; and (ii) inadequate command over economic resources must play a role in the causal chain leading to the non-fulfillment of human rights. Furthermore, there are three different ways in which human rights can be relevant to poverty: constitutive relevance, instrumental relevance, and constraint-based relevance.

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